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the contrary. the outpouring of sympathy and support for ambassador stevens and for the united states, the governor of libya, and the people on the streets saying, how pained they are about this is much more reflective of the sentiment toward the united states than heavily armed mobsters. >> that's the case in libya. but not the case in egypt. since you brought up president morsi. let me get some clarification. president obama was asked about the relationship with egypt on wednesday and this is what he said. >> i don't think that we would consider them an ally, but we don't consider them an enemy. they're a new government trying to find its way. >> the united states has sent billions of dollars of u.s. taxpayer money to egypt over the last few decades and, by definition, as you know, according to the state department, egypt is a major non-nato ally of the united states. why would president obama say that egypt is not an ally? >> well, first of all, the president has been very clear. everybody understands, that relationship remains the same and the president wasn't signaling any change
the united states rejects the efforts to denigrate religious beliefs of others, we must oppose the violence that took the lives of these public servants. again, the president will speak about this attack 10:35 eastern, we will carry it for you. and the u.s. embassy in cairo attacked. an american flag was ripped down and destroyed there and remember, we've given billions in aid to egypt. coming up in a few moments, ambassador john bolton will join us, where is america's mideast policy headed and should we keep paying? just this morning, germany's top court approved that nation's participation in a european bailout, paving the way for money printing in europe. and the markets like it. here is a look at dow futures, oil and gold. all of they will are up this morning, as of right now, they're all up. and they were up a whole lot more before the news of america's ambassador being killed in libya, before that news came out. we're up a lot more. we've got a big day for apple. a new iphone expected to be unveiled and mark zuckerburg, says it's time to double down on facebook, we're watching both bi
is that the undocumented would then stay in the united states. so some people not liking this. >>> a single mother of 4 losing big time against the big-time record labels in the minneapolis "star tribune." an appeals court reinstating a jury's decision to level. listen to this, a $222,000 judgment against jamie thomas rassett. the court reduced damages to $54,000. the recording industry accused her of illegally downloading more than 1700 files. >>> all right, while you were sleeping a decision made thousands of miles away that will have a dramatic affect on the world economy and your stock portfolio. yeah, a court across the world that holds the global economy in its hands. the story coming up. [ female announcer ] caroline penry began using olay total effects in 2001. since then, there's been one wedding, 2 kids, and 43 bottles of olay total effects. so in spite of 185 tantrums 378 pre-dawn starts and a lot of birthdays, caroline still looks amazing. thanks to the trusted performance of olay you can challenge what's possible. 60 years, millions of women, real results. but proven technologies allow nat
at this crisis? speak of the united state unites attacked september 11, 11 years ago, and united states attacked september 11 yesterday. what does that mean? the united states territories, the embassy, it was egypt and libya. were they coordinated attacks? when the president came out, as you rightly did, he should have followed that by saying these attacks are not going to be tolerated, we will hold the host governments responsible for this. some indication even in egypt there was advanced warning these attacks are coming which is why the americans had gotten out of that embassy. the president of the united states needs to say to those countries who will hold you responsible, have to protect our people, you have to have better protection of our people and if you don't do that we will reassess our relationship with you because if you don't stand strong right now, this is what happened to jimmy carter and why ronald reagan was elected. jimmy carter did not do something strong. he apologized, said let's try to negotiate and that is the kind of response i heard from president obama. dagen: did we ha
about the u.s. response? what the united states is now doing? >> you mentioned it briefly, erin. right now, we've learned two navy warships are heading to the coast of libya. both of those are equipped with tomahawk cruise missiles. those are satellite guided and can be programmed to strike a specific target. now, when one got the order, it was just a couple of miles away. the other was a few day's sail. but we know that the u.s. had been conducted drone flights over libya for months. today, we learned that surveillance will be much more focused on trying to find the insurgent cell responsible for this attack. so, between the drone surv surveillance and these two ships, when they get there, that gives the administration some options. >> what's the response on the ground in libya to that, to the fact united states is sending in warships? marines? >> we have not heard a reaction yet from the government here. they have been busy electing a new prime minister amid this chaos and what seems to be a real disaster for the new libya, but i have spoken with ordinary libyans to get their reactio
of the president of the united states. he deflects it and he attacks romney admitting this is a botched statement, holding the egypt government responsible for something like this is absolutely something they need to do if they want to have continued cooperation from the united states. >> and i want to ask peter brooks, old friend, so hillary says today in her comment that we reject these acts, quote, unquote, we reject these actions, but the president says later we will bring to justice. how he's going do that, i don't know. we will bring them to justice, peter brooks. what the hell does that mean? would you please tell me because to me, he is more interested in promoting these muslim states running through the art than he is promoting american influence and leadership in that region. that's what's got me really bugged, peter. how is he going to bring them to justice? >> i certainly can't channel president obama. i'm not the right person to do that. what i hope he means here is that the government of libya does not bring these guys to justice that we're going to take action including military ac
before about soaring oil prices and mitt romney and the plan to get the united states of america, energy independent by 2020. and the fact that the keystone pipeline locked by barack obama. off the coast of virginia, the obama administration is blocking the creation of new jobs and oil exploration, and the middle east and the strangle hold that the middle east has on our economy, will be a major issue in this election, and it's all about the economy. >> and it's all about the economy, and i want it know where we see mitt romney break out and take a convincing lead. and you said, incouple bent always lead at labor day, when does mitt romney jump out ahead. when? >> stuart, i think it's going to be a classic sweet 16 kind of final four matchup where you have an underdog, which clearly, any challenger, including mitt romney is an underdog that hits the three-point shot at the end and the grass roots win and we take our country back and that's how this is going to play out. >> i'm going to wait until october before i see a breakout. >> absolutely, and i did mix metaphors, basketball and foot
in the united states. some indexes they watch on a weekly basis have been lower recently and that will fuel a lot of talk about a bit of a slowdown. front-running the fed, guys, did you see what happened yesterday? i pointed out some of the biggest etfs in the high yield area. i'm talking about j&k had heavy volume and hitting new highs. why is that happening? a lot of people believe at the minimum the fed is going to extend forward guidance to keep interest rates low to at least 2015. all of that would be a big beneficiary to high-yield funds who are forcing people to go out on the yield curve. this is one simple way people are already anticipating exactly what the fmoc is going to be doing. back to you. >> terrific, bob. got to ask rick. looks like people sell bond, shift bonds to the dollar. rick is at cm group in chicago. >> thank you. i guess we should welcome europe to the same club the u.s. is in. lots of liquidity. maybe more liquidity coming. and a generally weak economy. welcome to the club. if you look at our charts, they pretty much reflect a lot of what central banking is doing
and prayers. the united states condemns, in the strongest terms, this outrageous and shocking attack. we are working with the government of libya to secure our diplomats. i have also directed the administration to increase security and diplomatic posts around the world. make no mistake, we will work with the libyan government to bring to justice the killers who attacked our people. since our founding, the united states has been a nation that respects all groups. we reject all efforts to denigrate religious beliefs of others. there is no justification to this type of senseless violence already, many libyans have joined us in doing so. this attack will not break the bonds between the united states and libya. the libyans of bat against the attackers alongside americans a they carry the ambassadors body to the hospital. at the height of the revolution, chris let our diplomatic post in benghazi. he built partnerships with libyan revolutionaries and helped them as they planned to build a new libya. we have relied deeply of his knowledge of the situation there. he was a role model to all who wo
a strong economy for hispanic or any other voters in the united states. mr. romney will make the art his proposals are better and point out that president obama has a candidate promised to make illegal immigration reform a priority. in romney's prepared remarks he will say the obama administration never bothered to come up with a bill. he will argue that the latino community has been hard hit bit obama economy insofar as the unemployment rate is 8.1 percent but among hispanics it is well over 10. this is an attempt by romney to emphasize his economic experience, his ability to create jobs is superior to the president and will help out on the domestic agenda. the romney campaign is trying now to illustrate to reporters and the public that it will make itself available on a host of other issues and be prepared to deal with the news of the day and the cycle and the world, particularly if life the chaos that ensued last week overseas. >>shepard: understood. a lost leaks from the campaign and reports of mitt romney about to adjust the message. what is the real deal? >>carl: well, the real dea
critics. >> mob of al qaeda sympathizers in egypt forcing the united states into making a statement essentially of apology. on 9/11 of all days, for something which we are not responsible for. i would say to the mob, go to hell. >> reporter: the administration later disavowed its own embassy's response saying the statement by embassy cairo was not cleared by washington and does not reflect the views of the united states government. the ultimate fear for the administration, that libya and egypt may be just the beginning. will this be contained in those two countries or there will be uprisings in other countries, as well? that's something we obviously don't know. but u.s. embassies around the globe have been told to on high alert. back to you guys. >> thank you. >>> in a statement this morning, secretary of state hillary clinton identified one of the other americans killed. he is shaun smith a foreign service information management officer. he was a husband and a father of two. >>> the secretary of state added that diplomats and development experts stand on the front lines every day f
.s. immigration and customs enforcement also removed 188,000 known criminals from the united states. supporters say more needs to be done to help immigrants who want to stay in the united states. >> we need workers. we don't have a good system to admit them legally. >> homeland security say the number of people trying to cross the boarder dropped to a 40 year low but the administration still needs to do more to address the 12 million illegal immigrants thought to be living in the united states. >>> here in milpitas, compassion and concern for a store clerk killed during a robbery this weekend. the latest details police just released half hour ago. >> a coast guard crew had a busy weekend saving six people in a single day. we will show you some of the rescue video coming up. >>> complete bay area news coverage continues right now, this is ktvu channel 2 news at 5:00 p.m. >> there is sadness and fear in a neighborhood today. people are paying respects after a popular store clerk was dunned down during -- gunned down during a weekend robbery at a 7-eleven. ktvu's rob effort h tells us the -- rober
clinton says the united states government has now opened a new inquiry into the attack, an attack libya insists was preplanned. president obama says it's still unclear whether al qaeda was involved. meanwhile, in benghazi, the late ambassador chris stevens and the three other americans killed were remembered at a memorial servi service. >>> well, it's the moment so many consumers have been waiting for, the iphone 5 finally debuts today. people have been lining up for days all over the world for the latest smartphone from apple. the very first of the new handsets was sold in australia to cheers. iphone 5 presales alone topped 2 million according to the company. let's take an early look at the markets as we get all up in your business this morning. cnbc's karen in new york. >> it's going to be getting to the front of the queue because the queues are long. as you mentioned australia, asia and europe is going to be selling the device in the united states later on today. but many people, in fact, won't get to see the device probably till october as the company plays catch-up with the amount
is not a challenge that can be contained. it will threaten the elimination of israel. the united states will do what we must to prevent iran from obtaining a nuclear weapon. >> reporter: after his remarks, he crossed town to the clinton global initiative where he addressed an issue with potential appeal to evangelical and women voters, human sex trafficking. >> that's slavery. it is barbaric and it is evil and it has no place in a civilized world. >> reporter: wolf, on other top foreign policy concerns, he addressed the crisis in syria, he mentioned the withdrawal of troops from iraq and the draw down from afghanistan and the trouble between israel and the palestinians. but that was all. he essentially was checking the box on all those fronts. and no mention at all of china. in essence, wolf, this was a speech about the two crises that have consumed foreign policy discussion during the u.s. campaign. the tension between israel and iran and now this most recent crisis in libya, wolf. >> with six weeks to go until the election, jessica, tomorrow i take it he's right back out there in the swing states
the state of the economy than any other government reports we're getting. ashley: united states is one of the world's most economically free countries. think again. the cato institute says the u.s. dropped from the top 10 to 18th on the list in its annual report. coauthor ian vasquez will be our special guest ahead to explain that. 18th in economic --. tracy: we were 10th last year. he has got to tell us what is going on. time for stocks as we do every 15 minutes. we head down to nicole petallides on the floor of the new york stock exchange. nicole we're down about eight points right now? >> right. the truth is yesterday we gave back about 40 points. wee had two weeks in a row about gains. fed stimulus and bond buying extending low rates. everyone seems to be taking a bit of a breather. right now the dow is down as are s&p and nasdaq as well, all to the downside. down .1 or .2 of a percent. we have winners like apple which obviously broke new records. fedex has come under pressure. fedex once again is warning about a tough global economy. so they came out with their numbers today. they
been going in terms of violence, and also, he says this is not over yet because if the united states does not respond appropriately to his mind, which means punishing those involved with this film, he says these protests could continue. i said, what do you want to have dope to the filmmakers? he said, well, i'd like to see them tried in front of a sharia court meaning if they don't repent for insulting the prophet, he thinks they should be executed. that shows how quickly, simply how a jihadist leader talks about an anti-american protest brings out a few thousand people in front of the u.s. embassy. that shows the ground swell of anti-americanism now taking place in cairo. back to you. tracy: leeland, out in cay row, thank you very much. ashley: continuing with rising tensions in the middle east, oil traders growing more concerned as conflicts spread west to oil rich nigeria. phil flynn has more on this. are you concerned then, phil, what's going on in nigeria? >> i am right now. see, egypt doesn't produce a lot of oil, and because we built in good buffer of supply in case of a disru
this morning. they'll just try to get a share of the touch screen market in the united states. to your point about cash going out, more smart phones being sold than expected it is still a big shortage so the move today, is that indicative of -- >> they're not going out of business. >> even though the core operations remain unprofitable. their cash build was 2.3 from 2.2 on the quarter. >> they had more cash than previously. >> and their shipments continue to go down. they bleed people. >> you have the developing countries now. >> the pricing pressure is greater. >> there's always ban thought someone would buy them. but people felt why buy them because they'll run out of money and when they run out of money you can get them for nothing and you get all that intellectual property for nothing. there's a lot of companies that wish they had that keyboard patent. maybe that is worth something. i'm just saying that, look. i want the blackberry 10 to ship earlier. i thought becky's interview was terrific. it's very difficult to be as negative as you might have been before knowing that the restructuri
to libya, chris stevens. >> the united states condemns in the strongest terms this outrageous and shocking attack. >> reporter: on tuesday, 20 militants, firing ought matting weapons and rocket propelled grenades stormed the american consulate in benghazi. the main building of the consulate was quickly on fire. at least four of the americans are believed to have died from smoke inhalation. no one was shot. for more than five hours, after the attack, the state department could not confirm ambassador stevens' whereabouts. his body was not recovered for 12 hours. >> libyans helped some of our diplomats find safety and carried ambassador stevens' body to the hospital where we trajically learned that he had died. >> reporter: the president emphasized the libya attack was carried out by a rogue group of militants and won't damage the u.s. relationship with the libyan government which vowed its cooperation. a terror group affiliated with al qaeda claimed responsibility for the attack. officials believe it was a pre-planned attack, possibly timed to the september 11th anniversary. and not linked t
. >>> the drenching that parts of the united states got last week, including tornadoes out in queens, not really helping parched farmland. there are no farms in queens, are there? this afternoon we're going to get exclusive details on the economic impact from our senior economics reporter steve leisman. he's here live. >> in about three minutes we're going to get an e-mail from the guy that runs the farm in queens. it is a big impact from what's a small sector of the economy and it could even have an impact on the presidential election. in a detailed study of the summer's drought which scored soybeans, corn and other crops across the nation, macro economic advisors out of st. louis estimate it could shave as much as a half point off gross domestic product this year. that's a big hit to a $13 trillion economy from a total farm sector that accounts for just -- wait for it now -- 1% of the nation's output. ben herzon is the economist who did the study. pe explai he explains the drought's outside impact. >> even though it only accounts for 1% of the economy, big changes in farm output can show up in
to have more competitors, last year the united states had like 87% of the global market, 60 some odd billion dollars. what you'll see is they will not have as high of a share. i think the u.s. company share will drop back closer to 50%. >> tom: does the market shrink as well? or does that market continue to grow even with more competitors? >> well, the market grew substantially this year, primarily because of the threat that many middle east countries perceive from iran so, that was the big uptick in the global market. but again i think that the competition will be in what we call the developing countries, europe is not increasing its defense budget, our budget is going to, it's already going down and it probably will go down even more, even if we don't get sequestration, you will see further reductions as we try to grap well the deficit. >> tom: what's your best guess on this, i know you're in the a company analyst, but do you think this deal passes regulatory muster internationally? >> i think it will, because we had the same questions back in the 90s when we had, for example, lock
and a fuel-cell car that will be sold in the united states in 2015. general motors recalled cars over a gear shift problem that may cause the cars to roll away when they're supposed to be in park. more than 400,000 cars from 2007 to 2010 were recalled for transmission problems. that includes the chevrolet malibu, pontiac g-6, and saturn aura. it could cause the cars to roll off after the driver has left the car. the problem caused four crashes but no injuries so far. owners are asked to bring in cars to gm dealerships to fix the problem. earlier in september, gm recalled 400,000 chevrolet cruzes due to engine trouble. 2.5 years after the deepwater horizon disaster in the gulf, drilling and output are increasing. in fact, an energy consulting company says a gulf oil boom is about to flow. bentek energy predicts within 10 years production will gush 28%. before deepwater, the gulf had accounted for nearly a 3rd of our domestic output. it's now 20%. several oil companies have billions of dollars in new drilling projects planned. right now there are 4,000 platforms pumping oil and gas from 35,000
abroad. i am concerned about homegrown jihadist. more inside the united states. something close to 9/11 but maybe not identical to the one thank you very much. we find it kind of scary, but a reminder that it's history. it doesn't mean that history can't be repeated. we will have more. these fellas used capital one venture miles for a golf getaway. double miles you can actually use... but mr. single miles can't join his friends because he's getting hit with blackouts. shame on you. now he's stuck in a miniature nightmare. oh, thank you. but, with e capital one venture card... you can fly any airline, any flight, any time. double miles you can actually use. what's in your wallet? alec jr? it was a gift. neil: you know, all this time i thought it was the kids that were the victims of the chicago teachers strike. leave it to "the new york times", specifically the teachers unions, the times headline says it all in the latest scandal. unions under siege. that even had to get your attention. >> it did, it did two. neil: do you think they are under siege? >> they are not popular in america
the area. the people in the area are having to adjust and they believe the united states is weak. stuart: coming up, the top of the hour, ten o'clock, kt mcfarland on the policy disarray, can we say that the president's approach to islam is working, yes or no. top of the hour. lt. colonel oliver north will be here, says no, you cannot bring in the marines. two big companies and we're following them on the opening bell. general motors wants the government to sell its stake, but the reports suggest that the government wants to keep in control. apple could we see another all-time high? we're really, really close to 700 a share. we'll check it in just a couple of minutes. >> take a close look at your screen. and would you like this, a new graphic? graphics occupy less of the screen and i can appear more on the screen. i happen to adore the graphics. [laughter] >> the judge likes them too, and you can see more of him. television, what an awful beast it is. and the bell has running and trading slightly to the down side. we were expect ago modest loss at the opening bell, not much, maybe 20,
competitors to step up the game in order for mcdonald's to start missing here in the united states. what will mcdonald's force to be done? and will that be good from an investor standpoint? how much will they have to give up maybe in terms of margins in order to get those customers back, for instance? >> you know, i think it's a combination of being more aggressive on the dollar menu. they will give a little bit on the margin side and we have near term caution on that particular point. but i also think they have a pretty nice product pipeline shaping up for 2013, which gives us excitement, and it's one of the reasons why mcdonald's is one of our favorite medium term names in the space. we do have some caution based on more difficult comparisons that show up in the fourth quarter as well as the threat of higher food costs that are going to pay out early next year. >> we should point out that with 104th on the price target. jim, we hear again from r.j. about food costs. actually the flip side of this is that we have a very weak labor market in the united states. so for as long as we're not
economy and that's why the united states must do what we must to prevent iran from obtaining a nuclear weapon. >> and that's president obama speaking at the u.n. yesterday and ahmadinejad speaks today. in the next hour, the american muslim's response from the american islamic forum for democracy. joining us at 10:15. and elizabeth warren making headlines again, but do you remember this? >> in this country, who got rich on his own, nobody. you built a factory out there good for you, but i want to be clear, you moved your goods to markets on the roads to paid for. >> the woman who started the income envy debate with that rant. turns out she was getting paid by a steel company and that against the unions. could it be true? and that's not all. questions whether she's licensed to practice law. that is just one of our new at ten stories. and then we have barnes & noble. it's got a lighter and thinner e-reader. so, nicole, is the stock up? >> oh, yeah, the stock is up lighter, thinner, high def. you want 7 inches, you want 9 inches, want to be able to read in the dark and do you want a strong
the united states does not talk about trickle-up economics, take that 80%, educate them, make them pay taxes, and stop charging the top 5% more and more for what they create. why is that conversation not happening here? >> well, that's part of why inet, the institute for new economic thinking, was founded. james heckman at university of chicago and nobel prize-winning economist and i are working on a major program. we have 179 people worldwide on early-age human capital, early-age education which includes public health. >> you just have to put more resources into the education system to make it work. >> and better allocation of incentives, absolutely right. you're talking about a national tragedy. >> the word "resources" is loaded especially this week when we've got chicago teachers facing a potential injunction. >> yes. >> overturning citizens united, right, is not going to -- is not going to pacify what's happening outside. >> mm-hmm. >> neither is paying teachers more or giving them a shorter school year. right? >> i think if you paid teachers more, say relative to other professions, you
their lives because they believe that the united states must be a force for peace and progress in the world. >> jonathan karl, abc news, washington. >> certainly seemed like a good man. president obama said the united states flag will fly at half staff until sunset september 16th. >> 52 years old described as gentle, an idealist. couple stories to relate about chris stevens. john mccain says i guarantee you one thing, chris stevens did not want for us to abandon libya. he was living in a hotel room in benghazi under the threat of death every day, mccain said. he was a brave and wonderful man. he was down to earth. they loved him. another story is that he, wrangled a ride on a greek cargo ship and sailed into the rebel stronghold of benghazi. throughout it all -- >> stayed in a hotel. a car bomb in the parking lot. they had to leave the hotel. this guy really was a brave man. >> again, this was his third tour in libya. and the people really loved him and revered him there. >> stay with abc for the latest. as the events in libya unfold. >> we'll have updates on "america this morning" and late
for the president of the united states. i-accept. >> without a change of leadership with the next four years be any different? >>reporter: vice-president? responding. with social policy out of the 60s, and a foreign policy that opposes the cold war. >> before he goes to charlotte to will visit look the damage of issac several thousand people without power because of these storms. comcast channel 193 is kron 4's new 24/7 bay area news channel. no matter what time of the day or night it may be, when you need the very latest news, weather, and traffic information this is the place to find it. this is a live look at the bay bridge. >> apple is taking samsung back to court. now it is looking at the samsung galaxy 3 apple has already been awarded billions of dollars from a jury. however, 21 new smart phones, media players in tablets are on the chopping block the copyright infringement is eight of its patents. >> facebook users can do more with their pictures in just post. they can even print and the first is from snap fish printing at least 20 pages and even some walgreen's. each print is about $3.
our grounds are being attacked and being breached, that the first response of the united states must be outrage. >> the administration sent mixed signals to those who attack our embassy in egypt and mixed signals to the world. >> reporter: now the world waits to see who will be held responsible for the death of a diplomat. and back to the politics of it all. you know, even some republicans are criticizing mitt romney for jumping into this so quickly while events were still unfolding. and mara, as of this morning, are still unfolding in the middle east. >> all right, tracie potts. thank you very much. >>> new census bureau figures on income, wealth, and poverty for 2011 paint a bleak economic picture. median household income dropped 1.5% last year to just over $50,000 a year. that's over 8% lower than in late 2007 when the recession began. in contrast, income for the wealthiest 20% of americans went up 1.6% last year. 2011's income gap between the rich and the poor grew to the widest in more than 40 years. and while a proportion of americans living in poverty did not rise for the firs
showing the iphone could impact the entire united states domestic product. >> reporter: that's right. analyst jp morgan says it could boost the gdp by a half percentage point. answers should be later this morning when we find out what is at the center of this apple core. jay grarks nbc news, san francisco. >>> here is your "first look" at headlines around america. in florida, a dramatic end to a high speed chase after a car smashed into the back of another car before coming to a rest along i-95. two men and a teenager took off running. the trio may be linked to a series of burglaries. >>> in utah, a breach of earth -- strong thunderstorms were too much for the dike. the flooding forced evacuations. >>> in pennsylvania, heartless act of vandalism. the target, animals. a goat and horse were separate painted over the weekend. they are sitting on the farm. the owners think they tagged mailboxes. finally, could this be the future of our military? the pentagon backed darpa program has robot dogs. it could lighten the load for our troops. gps keeps them moving in the right direction. now, f
phone could positively impact the entire united states grows domestic product. >> reporter: that's right. analysts at jpmorgan suggest that massive sales could actually boost the country's gdp by 1/4 to 1/2 a pcentage point. the economic and technical questions swirling around the iphone should begin to be answered later this morning when we find out just what's at the center of this new apple's core. jay gray, nbc news, san francisco. >>> now here's a look at some other stories making news early today in america. in florida, a dramatic end to a high speed chase after a car plowed into a guardrail, spun out, and smacked into the back of another car before finally coming to a rest along i-95. two men and one teenager inside took off running but plus captured them. the trio may be linked to a series of burglaries. >>> in utah a massive breach in a dam sent water and mud flowing into dozens of homes and businesses. strong thunderstorms and heavy rain were too much for a dike causing a gash 80 feet wide and 30 feet deep. >>> in pennsylvania, a heartless act of vandalism. the target, animals.
, they're looking for a 5% drop in the united states which is a pretty bad indicator for america's economy. i think that's actually 5%. so, i really want to move on fast to apple. is it at 700, yes or no? >> no, a nickel, pull out a nickel. that's how far away we are 699.95. stuart: am i right in saying that during regular market hours it has yet to hit 700. pre-market, post market. >> correct. stuart: but-- >> i saw it over 701 overnight. so iphone 5 has been obviously breaking all records. stuart: i here by guarantee, the trumpets will sound when we hit #00. >> i thought you were guarantee 700. stuart: no, not. nice dry, nicole, nice dry. the dow industrial is down as we suggest. i'm going to stay on apple and bring in branding strategist, the author of the book "break through branding". katherine, welcome to the program. >> thanks for having me. stuart: now, i want to talk about the buzz that apple creates, very, very cleverly. did they deliberately produce fewer iphones, just restrict their production knowing that they were going to get huge orders so they could go out and sa
you imagine senator rand paul filing a complaint with the supreme court of the united states challenging many things that president obama wants to do and the supreme court hearing those challenges? >> yes, i can-- >> that's very tempting. >> and we don't have that, that system here, we have something called stand in which makes it difficult for you to get the right to challenge the government. in germany, any other member of the government can challenge what the chancellor wants to do. they will probably rule tomorrow and as you said, they will probably permit the government to participate in this. if they don't. you would know better than i what will happen to the euro. >> that's europe. i don't understand why, look, in america, i've always been told that you can sue anybody for anything anytime. why can't any member of the government or any member of citizen of the united states sue the federal reserve and say, hey, we don't want you printing money like that, we don't think you should be. >> the supreme court has already permitted it. not this court, anyone on the court rig
of the united states redistributed more income than we have today. connell: let me stop you for one second -- >> -- that's why the economy is having so many problems. connell: and the reason is i want to explain the chart. brian gave us this chart to tell you what you are looking at. government spending percentage of the economy versus stocks, versus the dow. >> yep. connell: so the yellow line is stocks. do you see where it is going up there? going all the way back to the 60s. and the blue line is government spending. it tells you what, brian? >> yeah, it's very very clear, if you look at that chart. back when lbj, lyndon johnson became president in 1965, we passed the great society programs, government spending shot up, and the stock market went nowhere for 17 years. then ronald reagan came in and even bill clinton lowered and reduced spending as a share of gdp, and the stock market exploded, and now in the last decade, under president bush and then obama, government spending has shot up again. no wonder stocks have been flat for the past decade. connell: they have been for a long time.
and the president of the united states, whoever it may be after november, a second chance, possibly a very clear timetable saying time is running out, our clocks are ticking. israel's clock is ticking much faster. we feel very threatened. the president of iran talking the day before, basically pledged to wipe israel off the face of the map. we have threatens civilization as we know it was certain civilizations threatened as well, so what the prime minister tried to make clear was he will not allow iran to acquire nuclear weapons, but he expects international community led by the united states to do it rather than have israel do it. connell: does that take the possibility of an israeli military strike against iranian nuclear institutions, whatever they may be, does it take it off the table before the end of the year or before the u.s. presidential election? >> i think it does. whabut he has basically said wae are allowing you more time to try and use diplomacy, to try and use of sanctions. we expect you to act. i think it creates more certainty, and in fact i think the redline were the prime mini
was asked all about it yesterday on "meet the press." >> did you, their very existence of the united states, we have to understand that we have to deal with it. in this vast expansive land, you can understand why they are so antagonistic to us. we are you and you are asked. connell: the author of obama's globe, the president abandonment special assistant to president nixon. react right off the bat to what the prime minister of israel had to say in terms of how this is being handled and how we view them. >> i totally agree with the prime mister. he tries to be diplomatic and friendly to the president although president obama is not friendly to him. he asked a very interesting question in that interview. he said we are asked to wait and he said wait for what? of course, we know the answers to that question. he is already revealing how he feels about that election. he revealed how he felt about it when the microphone was open and he did not know it was. in talking about that he said tell vladimir to give me space. after the election i can be more flexible. good lord. unbelievable. connell: i w
about the united states and how that relates to what israel does against iran and what we do again to stop iran from developing nuclear weapons? >> it is a really interesting statement from netanyahu. hillary clinton came out yesterday and said no deadlines. i think the israelis want a firm deadline from the united states on when we will do military action because ultimately if you look at this operation, yes, the israelis can hit something, yes, they can do some damage, but only with the united states, only with our b-1 bombers and cruise missiles can you do significant long-term damage to the nuclear facilities in iran. so the question is, yes, the israelis could go alone, but it is always far more optimal to get on board with the united states. so i think this issue is going to remain a live issue into 2013, because i don't see how we have an off ramp. dagen: right. helima terrific to see you. we covered so much in little time. next time more time i promise. >> thanks. connell: new book that's come out from bob woodward. we will talk about that book on the day in which boehner h
demonstrators claim was made here in the united states, a video they say is insulting to islam. now those protesters are demanding that the u.s. ambassador, who wasn't even there at the time, lead egypt all together -- leave egypt all together. now just developing, a similar incident across the border in libya where militants apparently stormed a u.s. consulate. the fox report chief correspondent jonathan hunt has the details. was there official reaction to this yet? >> u.s. embassy officials in cairo tonight seem to be trying to defuse a protest that is actually growing by the hour. we understand the thousands of protesters are now outside the u.s. embassy in cairo where officials released a statement which seemed to accept that this protest is the result of this reportedly anti-muslim movie that is being proposalled by the internet by some anti-muslim campaigners. in the statement, those officials said in part, quote, respect for religious beliefs is a cornerstone of american democracy. we firmly reject the actions by those who abuse the universal right of free speech to hurt the religi
the united states, calling for more democracy. now, there is an ongoing clash here as some demonstrators are trying to attract u.s. embassy, which is right on the edge of this square and you can see fear gas being fired from egyptian security forces trying to keep the demonstrators away from the u.s. embassy wall. a similar scene today in yemen, as an angry mob attacked the u.s. embassy compound in the city of sanaa a state department official says that all u.s. personnel that the embassy in sanaa have been accounted for and appear to be safe. another assault on a u.s. embassy, this time in yemen. protesters threw stones at the embassy walls in the capital, sanaa. they climbed the gate, set fires, and raised posters denouncing a once-obscure u.s.-based internet movie that portrays the prophet mohammed. personnel in yemen were reportedly moved to a secure location. in cairo, more clashes, but this time, it's egyptian security pushing back. they fired tear gas to drive protesters away from the u.s. embassy in cairo. and the new egyptian president rejected violence against u.s. diplomats in
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